EOG makes Barnett shale oil discovery

By OGJ editors
HOUSTON, Mar. 3 -- EOG Resources Inc. announced an oil discovery in the Barnett shale region near Fort Worth, Tex., where EOG has drilled for natural gas since 2004.

During a Feb. 28 conference call, EOG executives told analysts they drilled and tested eight horizontal crude oil wells. EOG plans to develop its Barnett shale oil play north of gas-prolific Johnson County.

EOG is still delineating its oil discovery, and executives estimate possible crude oil reserve potential at 225-460 million boe net on its 250,000 net acres in Montague, Clay, and Archer counties.

Oil production from EOG's holdings in the Barnett shale is forecast for 2009.

Related Articles

Houston launches Energy High

03/10/2014 Last summer this editor had the opportunity to visit two corporate-backed oil and gas apprenticeship programs in Scotland. Aberdeen College and For...

Record Barnett HC content seen in combo play

12/02/2009 Hydrocarbon content in the thickest part of the Mississippian Barnett shale combo play in North Texas is so great that even 2-3% recovery is highly...

EOG sees reserve hike in Barnett Combo play

11/06/2009 Improved horizontal completion techniques in the North Texas Barnett Combo play have led EOG Resources Inc. to estimate that ultimate recoveries in...


11/06/2009 EOG Resources Inc. has expanded its acreage position in the Haynesville shale play to 153,000 net acres after adjusting for the expected exercise o...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected